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Search Result for “tenure”

Showing 1 - 10 of 22

BUSINESS

PM's 'nightmare' is Vietnam surge

Business, Wichit Chantanusornsiri, Published on 09/10/2025

» Prime Minister Anutin Charnvirakul says it is a "nightmare" to see Thailand's economy lagging behind Vietnam.

BUSINESS

Finance ministry pursuing better stability

Wichit Chantanusornsiri, Published on 26/09/2025

» The Ministry of Finance vows to lay the groundwork for fiscal consolidation to strengthen financial stability during the four-month tenure of the new government, says Vorapak Tanyawong, the new deputy minister.

BUSINESS

Medium-term fiscal plan set to be revised

Business, Wichit Chantanusornsiri, Published on 26/09/2025

» The government is preparing to revise the medium-term fiscal plan and set out a fiscal consolidation framework to sustainably reduce the deficit, with the deficit expected to gradually decline after 2026.

BUSINESS

Official calls for rejig of 2026 budget

Business, Wichit Chantanusornsiri, Published on 22/09/2025

» The government is being urged to revise its 2026 budget strategy by trimming around 200 billion baht of "non-essential" spending to accommodate the incoming wave of foreign investment flowing out of China as a result of pressure from US President Donald Trump's policies.

BUSINESS

B150 billion available for ‘quick-win’ stimulus

Wichit Chantanusornsiri, Published on 17/09/2025

» The new Thai government has financial ammunition of roughly 150 billion baht to carry out its “quick-win” stimulus projects, according to a Ministry of Finance official who requested anonymity.

BUSINESS

Government Housing Bank mulls new mortgage markets

Business, Wichit Chantanusornsiri, Published on 27/06/2025

» Finance Minister Pichai Chunhavajira wants Government Housing (GH) Bank to expand into other types of real estate lending, beyond just low-income housing.

BUSINESS

Unpacking the debt-to-GDP ratio

Business, Wichit Chantanusornsiri, Published on 29/03/2025

» The Pheu Thai Party-led government has pursued aggressive fiscal policies, building on the work of the previous administration led by Gen Prayut Chan-o-cha, which navigated the challenges of the Covid-19 pandemic. During Gen Prayut's tenure, two special emergency loan decrees were enacted, resulting in total borrowing of 1.5 trillion baht and prompting an increase in the public debt ceiling from 60% to 70% of GDP.

BUSINESS

Demand high for Exim's 1st Blue Bond

Business, Wichit Chantanusornsiri, Published on 27/07/2024

» The Export-Import Bank of Thailand (Exim Bank) has reported significant success with its first Blue Bond worth 3 billion baht, which saw subscription demand exceeding the amount issued by 2.5 times, reflecting strong demand from institutional and major investors.

BUSINESS

Credit guarantee project benefits small firms

Business, Wichit Chantanusornsiri, Published on 14/03/2024

» The Finance Ministry plans to propose to the cabinet a new 50-billion-baht portfolio guarantee scheme (PGS 11), which is a credit guarantee where the government sponsors the annual fee, operated by the state-owned Thai Credit Guarantee Corporation (TCG).

BUSINESS

Small and Medium Enterprise Development Bank of Thailand predicts 28% loan growth

Business, Wichit Chantanusornsiri, Published on 10/02/2024

» The Small and Medium Enterprise Development Bank of Thailand (SME D Bank) set a loan target of 90 billion baht this year, up by 28% from 2023, while non-performing loans (NPLs) tallied only 8%, the lowest in 22 years, says president Nartnaree Rathapat.